RBI imposed a advantageous of ₹ 36-36 lakh on IDBI Financial institution and Citibank, FEMA violation
The Reserve Financial institution of India (RBI) has imposed a advantageous of Rs 36.3 lakh on IDBI Financial institution. The advantageous is imposed below Part 11 (3) of FEMA, 1999. The financial institution is accused of violating Part 10 (4) of FEMA, 1999. IDBI Financial institution has knowledgeable the inventory markets in regards to the … Read more